Euro banknotes are to undergo a major redesign, as the bloc’s central bank strives to make the currency “more relatable to Europeans of all ages and backgrounds”.
Never know, this might be to make room for that other “0” that might soon be needed.
Euro banknotes are to undergo a major redesign, as the bloc’s central bank strives to make the currency “more relatable to Europeans of all ages and backgrounds”.
Never know, this might be to make room for that other “0” that might soon be needed.
Why bother? This is like local authorities rebranding. What are you going to do? Not use their street lights and bin collections?
“In the name of Allah, the compassionate, the merciful, I promise to pay the bearer on demand the sum of…”
So what pics & designs would make European peons ‘relate’ more? Asterix the Gaul? Titeuf? Jean Monnet? A surrealist vision of the Berlaymont dissolving into flying €s? Let your imagination rip, with or without chemical help.
How many more zeroes are going to be needed on the dollar banknotes?
Alternatively… They’ve given up, but won’t admit that the forgers have gotten too good at making the small denominations up to €20..
Not related, but I see that the Belgians appear to be well up for closing all their nukes.
(However many that might be.)
“more relatable to Europeans of all ages and backgrounds”. So, drawings of explosive vests, that sort of thing?
I don’t think inflation higher than US or UK is likely for the Euro – too many sensible people in the Northern countries to ensure they don’t go Havenstein. And the QE rules insist that in normal times bond purchases are in proportion to size of country’s national income.
More likely is that Greece and Cyprus go under and leave the EZ. The reasons for them falling behind the others will remain as the world recovers, the subsidies from the others don’t work to level up the EU, and the ECB can only buy their bonds if there’s a proportionate number available in lower deficit places.
Imv of course.
If I could get a bet on Greece leaving the Euro by 2026 I’d take it.
@Ducky
Two sites in Belgium. The German Greens have been campaigning for the one in Tihange (near Liège) to be closed for some years.
Ducky McDuckface
December 7, 2021 at 10:14 am
I was entertained to read that the Belgians intend to replace the horrid nukes with gas powered generators. The Greens advocacy of this does seem to support the theory that the endless supply of money which supports their nonsense does come, at least in part, from the gas industry.
Never noticed any hesitance amongst Europe’s enrichment to accept Euro notes, particularly the larger denominations. Reluctance to part with them, maybe.
‘Got any ‘ose’
‘No. O’s. As in Mon Repos’.
i.e funnier than ‘funny money’…
Grikath, I heard somewhere that one of Switzerland’s more paranoid policies involves keeping an entire stock of an undisclosed Swiss Franc banknote series available, ready for deployment within weeks, in case of widespread forgery of the current notes.
Seriously though, how high is inflation going to go and for how long? It’s obvious the decade plus of Euro and GBP QE is never going to be reversed. The US money printing is now so huge it is entirely irreversible.